That’s a question we are often called to address, and the answer is often “yes.” You may not need the same level of protection as people well into their medical careers, and unless you’re independently wealthy, we understand you can’t afford to pay unlimited disability insurance premiums. But we
The 5 Rules of Debt, and 6 Financial Mistakes New Doctors Make
Those of you just beginning your careers are probably most worried about student loan debt. And it’s true – student loans are a heavy load for most physicians who don’t come from wealthy families and who don’t get a lot of government help along the way. Though, you don’t have to look at it that
End Of Year Financial Moves for Doctors (And Those Who Soon Will Be Doctors)
The holidays are upon us! And while those doctors who can are taking well-earned time off, other doctors are treating patients with alcohol-poisoning, seasonal affective disorders and holiday-related depression, car accidents from travelers on icy roads and the accountants are working overtime as we
What Does It Take to Get a Federally-Guaranteed Student Loan Discharged for Disability?
Once you sign on with a federally-guaranteed student loan, getting out of it is tough. When the U.S. government guaranteed your student loan debt, it put other hard-working taxpayers’ money on the line for you. That makes these loans fundamentally different from private loans that don’t come with
Does Market Timing Ever Pay?
In December of 2011, Reuters reported that U.S. equity funds experienced a record net outflow over the last four months of the year which suggests that investors were anxious to get out of the market after a partial recovery from the summer (2010) market collapse. Having failed to see the massive
Benefits of Paying with Cash
In today's world of credit and debit cards, electronic payments, and e-checks, paying for purchases with cash is becoming more and more unheard of. Yet, while this antiquated method of purchasing goods and services may seem somewhat outdated these days, there are many instances when using your
Financial Success Begins With Creating a Budget
While working with patients, it may oftentimes become obvious to diagnose various health issues and to subsequently prescribe a solution in terms of medication, rehabilitation exercises, or both. Yet, when it comes to our own finances, the keys to success may not always be so clear - even though
How to Manage Money Like a Pro
The journey to financial success begins at home with the management of your personal finances. Some physicians, although well-intentioned, seem to always find themselves playing catch up and never quite in control of their money matters due to the demands of their careers. If you want to manage